RLinda

AUDUSD ! False breakdown of range resistance. Falling down

Short
FX:AUDUSD   Australian Dollar / U.S. Dollar
AUDUSD was in a descending channel and at the end of My price breaks the trend and starts to recover. The price rises to resistance 0.7252, and makes a false breakout, thereby confirming the presence of the level.

Sideways range 0.7252-0.6993 could possibly force price down from resistance to support
I assume a fall in AUDUSD after a false breakout followed by a fall. Short-term target - liquidity zone below 0.71700

Sincerely, R. Linda!

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